at 2:00 p.m., the house reopens. -- tonight or tomorrow, on monday -- that is our schedule, the fiscal cliff count down today. i want to turn out to nancy cook of the national journal. she is here to give us -- give us all the latest. her latest story -- and the cook, thank you for joining us. guest: thank you for having me. we are at this late hour. all of these tax hikes and spending cuts are slated to take defect in the new year. congress and the white house had spent seven weeks of bickering over all these different elements of the this clip. as you know, there are many elements. many tax provisions, a lot of spending cuts, and at this point, any deal that is reached will not deal with a lot of these things. it is going to potentially make some tax cuts for below $250,000. it will potentially patch the alternative minimum tax. it will not deal with the payroll tax holiday. the most likely will not deal with the sequester. it may earn -- it may or not deal with tax breaks for businesses. for all these arguments and ongoing things about these tax and spending issues, in the end, we w